Key Takeaways:
- RTX Corporation is expected to report modest growth in profit and revenue in its upcoming earnings release.
- Analysts offer a favorable outlook with an "Outperform" rating, highlighting a potential upside for investors.
- The defense sector remains a strong growth driver for RTX amidst challenges in its commercial segment.
RTX Corporation's Anticipated Financial Performance
RTX Corporation (RTX, Financial) looks forward to reporting its first-quarter earnings on April 22nd. Despite the challenges faced in the commercial sector due to previous issues with Geared Turbofan engines, the company is poised for modest growth. Analysts predict an EPS of $1.37, marking a 2.2% increase from the previous year. Meanwhile, revenues are expected to rise by 2.6% to $19.8 billion. With the defense segment benefiting from rising military expenditures, RTX's stock has appreciated by over 27% in the past year, earning favorable ratings from Wall Street.
Wall Street Analysts' Price Targets and Recommendations
The one-year price targets for RTX Corporation, provided by 21 analysts, suggest an average target price of $135.73. This estimate includes a high of $160.00 and a low of $87.00, indicating a potential upside of 6.72% from the current trading price of $127.19. For further insights, please visit the RTX Corp (RTX, Financial) Forecast page.
The consensus recommendation from 26 brokerage firms positions RTX Corp (RTX, Financial) with an average recommendation score of 2.3, signifying an "Outperform" status. This rating scale ranges from 1, which indicates a Strong Buy, to 5, denoting a Sell.
Valuation and Growth Potential
According to GuruFocus metrics, the estimated GF Value for RTX Corp (RTX, Financial) in one year is $134.27, reflecting a projected upside of 5.57% from the current price of $127.185. The GF Value represents GuruFocus' fair value estimate, derived from historical trading multiples, past business growth, and future performance projections. More comprehensive data can be accessed on the RTX Corp (RTX) Summary page.
Investors considering RTX Corporation should weigh the company's strength in the defense market against its commercial sector's challenges, alongside the positive analyst outlook and valuation metrics.
